MASCO CORP (MAS) Stock Technical Analysis
NYSE:MAS - New York Stock Exchange, Inc. - US5745991068 - Common Stock - Currency: USD
Overall MAS gets a technical rating of 7 out of 10. MAS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
MAS has an average volume of 2307290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, MAS turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
MAS is part of the Building Products industry. There are 41 other stocks in this industry, MAS did better than 65% of them.
MAS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MAS is lagging the market.
In the last month MAS has a been trading in the 63.85 - 72.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MAS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 69.16, a Stop Loss order could be placed below this zone.
More info and screens
58.73
72.33
When analyzing the support we can see 5 important areas.
- A support zone ranging from 68.42 to 69.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 65.28 to 67.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 62.42 to 62.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 60.42 to 60.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.32 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 69.30 to 69.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @71.61 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MAS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MAS is up. |
| ChartMill Relative Strength | 48.05 | NEUTRAL | MAS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MAS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.2 | NEUTRAL | The RSI value for MAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests MAS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.24 | NEUTRAL | The Stochastics value for MAS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for MAS suggests some volalility. |
| Average Directional Index/ADX (14) | 32.78 | POSITIVE | The high ADX value value for MAS suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 69.97 | 68.41 | 1.56 (2.23%) | 25.00% |
| An entry @69.97. This is a Buy Stop order right above the resistance zone. | An exit @68.41. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.56 points, which is 2.23%. | For a 0.56% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MAS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
69.29
-0.06 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.09%
1 Week0.67%
2 Weeks2.27%
1 Month5.22%
3 Month11.58%
6 Month-10.3%
12 Month-4.35%
2 Year17.42%
3 Year36.21%
5 Year18.85%
10 Year164.16%
15 Year560.53%
Volatility
ATR(14)1.87
ATR(20)%2.55%
ATR Inc-41.47%
Range Today0.7
ADR(20)1.64
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.05
Mansfield-1.28
10 Day High72.69
10 Day Low65.19
20 Day High72.69
20 Day Low63.85
52 Week High86.7
52 Week Low56.55
CS1 End69.16
CR1 Start69.3
Volume & EV
DER(3)-1.05%
DER(5)-1.86%
Volume1.44M
Volume Incr2.52%
Vol(5)2.42M
Vol(50)2.31M